Hey Sam, we just closed last week on our first STR cabin in Blue Ridge.

Purchase price: $317,000 Cash invested: $30,000 Short term primary -> long term hold with a 3.25% interest rate.

One last thing - why FHA?

I used Semi Gloss . ( yes it shined for the first couple years , but it lasted 12 years until I decided to put on Vinyl to match the house 

Why do you think purchase contracts are so long and have such small print?

Lastly, appreciation has been roughly 58%.

Maybe the wife's equity should be lower to account for the long 'free' stay... 

Since that decoupling, there has been a long stream of "rah-rah" shows that IMO did not focus on ordinary people, bringing a sense of reality back to the process, and inspiring people not by stoking BS dreams of Grant Cardone (who's Grant Cardone, my long-running joke) but by highlighting how your any wo/man could do it, in a realistic way.

For him, he intends to keep the loan long term anyway, but the differential between a 5 year PPP and a 3 year PPP was .25% to rate. 

I am getting told many carriers do not want to write policies in Harris county while we had no hurricanes or floods or anything in last 5 years.